Liberty Media Corporation Series C Liberty Formula One Common Stock
FWONKLiberty Media Corporation Series C Liberty Formula One (FWONK) is a media and entertainment company that owns and manages the rights to the Formula One racing series. It operates as part of Liberty Media’s broader portfolio, focusing on global motorsport events, broadcasting rights, and related media activities, emphasizing its role in the premier international motorsport competition.
Company News
Goldman Sachs initiated coverage on Liberty Media's Formula 1 with a Buy rating, projecting 17% upside potential. The analysis highlights F1's strong revenue growth, MotoGP expansion, and significant capital return opportunities through strategic media and sponsorship developments.
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Berkshire Hathaway's stock portfolio sees an 11% increase in Q4 2023, with Apple, Bank of America, and American Express leading the top positions. Explore more here.
Rosenblatt has decided to maintain its Buy rating of Liberty Formula One Group (NASDAQ:FWONK) and raise its price target from $81.00 to $82.00. Shares of Liberty Formula One Group are trading down 0.82% over the last 24 hours, at $66.30 per share. A move to $82.00 would account for a 23.68% increase from the current share price. About Liberty For...
